The Argentine peso was little changed against the U.S. dollar, compared to the weakness seen last year. The government has clamped down on currency transactions, and has made it difficult for the bank to make dividend payments.
Economist Gustavo Ber said Monday that concern about the policies appears to be factored into stock prices already. But that isn’t enough to push prices higher when global markets are doing better, he said in a WSJ.com report.
Global X FTSE Argentina 20
Tisha Guerrero contributed to this article.